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7101.0 - Ag Mag - The Agriculture Newsletter, Dec 2011  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 20/12/2011   
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ADDING UP THE $$$ VALUES - VACP 2010-11


Value of Agricultural Commodities Produced (VACP) puts a dollar value on the gross value of major commodities such as crops, livestock and livestock products. The data was collected as part of this year's Agricultural Census, the preliminary results of which were published on the ABS website on 17 November 2011 in Value of Agricultural Commodities Produced, Australia (cat. no. 7501.0). Preliminary figures from the Agricultural Census are at the State/Territory level.

But for a quick look at what's available, below are a few snapshots of what was collected this time around:


Value of Australian crops and livestock increases in 2010-11 (compared to 2009-10)
  • Australia's largest single commodity, wheat, rose in value by 60% to $7.6 billion in 2010-11.
  • The value of principal agricultural commodities increased by 19% in 2010-11.
  • The total value of crops rose by 26%, livestock slaughterings by 8% and livestock products by 25%.
  • The value of livestock products increased to $7.2 billion in the same period, a rise of 25%, due to significant increases to the value of wool.
  • The value of livestock slaughtered rose by 8%, with increases in the value of sheep, lambs, cattle, calves and poultry offsetting decreases in the value of pigs.



Data highlights

Key crop movements:
  • wheat, up 60% to $7.6 billion
  • grain sorghum, up 52% to $448.7 million
  • barley for grain, up 24% to $1.7 billion
  • oats, up 18% to $218.3 million
  • sugarcane for crushing, down 32% to $946.4 million
  • cotton, up 126% to $1.7 billion

Key livestock and livestock product movements:
  • eggs, up 30% to $554.7 million
  • milk, up 17% to $3.9 billion
  • poultry, up 16% to $2.1 billion
  • wool, up 39% to $2.7 billion
  • pigs, down 9% to $882.5 million

The final estimates will be released in June 2012, in Value of Agricultural Products Produced, Australia (cat. no. 7503.0). Additional data cubes for regional geographies and Natural Resource Management regions will be released at a later date.




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